The company maintains a positive outlook for 2026, underpinned by the completion of real estate developments scheduled for the second half of the year, the projected performance of Port Saplaya during the season, and active management of its investment portfolio.
Property Division: It has a portfolio of six developments under construction and one at the design stage, comprising 336 homes under construction and 55 at the design stage. Sales continue to progress: 46% of homes have private purchase contracts and a further 12% are reserved, taking the portfolio of contracts and reservations to €51.5 million.
The division’s revenue of €0.5 million comes mainly from rental income (full occupancy), pending the main deed completions expected for 2026, which are set to be concentrated in the second half of the year.
Tourism Division: The half saw a streamlining of the Tourism Division’s perimeter following the end, on 30 April, of the management of the Sea You Hotel Port Valencia, under an agreement with the owner that includes compensation of €0.3 million for Libertas 7 and the transfer of the entire workforce. Port Saplaya’s activity partly offset this change in perimeter, with accommodation revenue of €1.0 million, up 31.6% on the same period last year, alongside a positive performance in ADR and RevPAR. Against this backdrop, the division’s EBITDA grew by 17.4% and pre-tax profit by 56.5%, driven mainly by higher average prices and greater commercial efficiency.
Investment Division: The investment portfolio reached €70.1 million at the end of the half. Equities remain the main component, at 65.8%, followed by private equity (11.3%), permanent investments (10.9%), other listed investments (9.9%) and cash (2.1%). Active management of the listed portfolio generated capital gains of €3.0 million, with a return of 31.7% on positions sold. During the half, exposure to banking and insurance was reduced after valuation targets were reached, with capital reallocated towards companies with greater upside potential, particularly in the industrial, luxury, pharmaceutical and non-cyclical consumer sectors. Private equity delivered a return of 17.5% and contributed €1.1 million to profit. Overall, the division generated revenue of €1.3 million, in line with the first half of 2025, and achieved EBITDA of €892,000, with dividends as the main source of recurring income.
Source: https://libertas7.es/wp-content/uploads/2026/07/Def_Informe-I-Semestre-2026.pdf

